okay so you know I just don't get it
sometimes people want to create their
ecommerce store they want to take a
product and they want to get it out to
to the marketplace they set up a website
maybe they go to WooCommerce and they
set up a wordpress website get their
product online or maybe they even have a
warehouse in their garage full of
out through maybe another ecommerce
store I just don't get it why go through
all that hassle when you can take
products you can put them straight into
these warehouse right here and Amazon
will deliver them for you this is what
is happening right now within Amazon you
got 100 million Amazon Prime members who
are ready to buy products all you got to
do is find products and get them into
this listing right here and what and
what I'm gonna do in this video is
additionally go through the basics on
how to do this how to find a product how
to get it in the warehouse and how to
make huge profits as an FBA seller okay
so that's the most important thing
there's no reason to to really do this
if we're not making a profit at it okay
that's what we're gonna be doing here if
you haven't been in business for
yourself this is the easiest business to
get started with and it's the least
amount of money to get started with if
you're gonna go buy a Subway franchise
or McDonald's franchise you're looking
at a million dollars just to get into
the franchise with this this is nothing
compared to that okay so what we're
gonna do is get into this I just want to
show you really quick these are all the
warehouses throughout the United States
with the Amazon these were the you know
the the warehouses are I'm here in
Florida so anytime I order products
they're usually delivered to me within a
day or two days now all of these
products within Prime are usually gonna
show up within two days so it doesn't
matter if you live in some of these
other states the products will show up
there okay so this is the network right
now
I know Amazon's adding more warehouses
all over the United States they're
probably have a warehouse in every part
of the United States at some point and
that's where the magic really is just
gonna start to take offs but so now is
the time to get ahead of this wave and
really get things rolling Before we jump
into the video though if you want to get
some detailed information on this I'm
giving away a free cheat sheet a free
training all you gotta do is click on
the link below this video it'll take you
right in there to that training let's
jump right into amazon let's get started
with this because the first thing you
want to really look at is what's hot
right now what's happening right now
because you're gonna find a product
don't go don't do what I did for a long
time and like go and find
product I think is gonna be good you
know don't go out there and say well I
think this products good or I think my
you know this this looks so like a good
product this was like a fun product
don't do that man
go to a product that that's selling hot
right now let's just look in at these
the first one if I just click on
bestseller and anybody can go to
amazon.com and you can go right to there
but I got a best seller I'm gonna click
on this person right here so these the
best sellers let me just go back here
really quick these are best sellers in
all the different categories right now
these are the hottest products these are
number one so what I do is when I'm
gonna buy it find a product and I want
to get it in there I'm gonna duplicate
exactly what's hot right now so this
product right here if I'm just gonna
click on this I'm just gonna go through
this with you like I would any other you
know any other place to do this now this
is a mind blowing science kit okay so
let me just type in science kit right
here see what pops up so you got the the
sponsors listening to up here in the
front and then you got this mind blowing
science kit right here it looks like
2000 reviews right there which is pretty
good four and half stars which is really
really good okay so the goal with any
type of products is you want to get them
into this page one page one means that
if the you know if I click on this
that's page two you don't wanna be a
page two you want to be on page one so
you got to find a product that's hot
that you can get on to the listing on
Amazon once you find a product that's
hot and you do a little research on this
and you find out what's you know what's
gonna work then you can go out there and
you can source the product but first we
got to make sure want to do a little bit
of legwork here because even though this
product could be hot it may not be worth
selling I mean I there might not be in
profits involved in this so look this
product is selling for nine dollars
right now now just off the top of my
head I can I can tell right away this
probably is gonna be a product that I'm
gonna have a struggle with trying to
find good enough profits in this at nine
dollars it's hard to make it real profit
with this I know this company they're
probably this coming right here is
probably breaking even on this they're
just trying to get that listing up or
trying to get get it going so they could
bump it maybe over here to the sponsors
and then bump it back up to twenty nine
dollars or something like that so you
know what
price $29 or $39 that's some good
profits right there but let's do some
research and let's find out so if we
look at the science kit right here if I
go over to Alibaba and I just click on
the science kit right here and I click
on the trade Assurance
click on it verified right here ok so
then this is gonna pull up all the
companies that I'm gonna deal with these
are all the companies in China that will
manufacture all this all these products
for us so if I just click on the first
one in here three years this Alfa
manufacturing if I just click on their
company logo you can see that I can see
what their company is about I can see
you know all their ratings I can see
what their you know when they were
established how many employees they have
so everything is is usually going to be
checked out ok with them the great thing
about Alibaba is that if you buy a
product Alibaba they hold all the money
in escrow so you can't nobody's here to
rip everybody off you buy a product
they're gonna take the product they're
going to ship it into one of the
warehouses here in the United States so
if we look at this product right here
I'm just gonna click on this first one
here see now this is hot sale crazy kit
ok wonderful
boom factory this looks like a Big Bang
science so this is a similar type
science kit now we know right now it's
the science kits are selling hot so if
we were going to take this product we're
gonna source this product but but if
just looking at this price $4 and $6
right here okay so $6 for one of these
that means that if I'm gonna sell these
at $9 I'm gonna probably lose money
doing this ok so if I come in here lose
money at nine dollars $29 I might be
able to make some money at it but what
I'm gonna do is I'll look at this let me
just say I'll just take a low-end price
here four dollars and nine cents I'm
just going to go over here to Amazon
central calculator and I'm just gonna
come in here and let me grab this
science kit I'm gonna grab his hasten
where is it right here a set up top here
do that click that and let's go back
here to boom take out that now if I pull
this up right here I'm gonna go back to
our listing right here so we're gonna
buy this similar type of product here
and then what we're gonna do is I'm
gonna put this no I'm gonna put this
down here like that now I had nine
dollars if it takes let's say it takes
one dollar to ship this product over to
the warehouse right now in my debt
margin is I'm negative forty right here
or you know this based on this Amazon
Fulfillment your fulfillment or Amazon
Fulfillment I'm negative forty right
here so that means I'm gonna I'm losing
money with this now if I bump this up to
twenty nine okay and I recalculate this
now I'm at forty six percent okay so
that's a good percentage still not that
fifty percent that I'm looking for but
it's still a good percentage and if you
could get tons of sales at forty six
percent you're going to be doing really
well so you'd be making $13 net profit
on each of these sold now the great
thing about this is that once you get
them into the warehouse Amazon takes
care of everything for you they put it
in the marketplace they they handle the
shipping they box it they send it off to
the to the customers customers you know
all the customer support is going to be
handled through you know handled through
Amazon so when somebody sends a product
back or whatever Amazon is gonna handle
all that for you and then Amazon's gonna
send you the check every two weeks into
your bank account alright so this is an
okay product you know we're not really
making a ton of money on this what we
could do is we could just come back and
go back to the best sellers and what we
can do is find something else that that
would be hot here is Indore
Kameron photo let's look at look at this
indoor Wireless HD wireless camera home
camera what would this be
indoor wireless home security products
are selling twenty five dollars here let
me just run over here to Alibaba and
let's just see if I can come up with
anything over here let's to it in
suppliers let me do trade assurance and
let's verify and let's see what the
price is for these so this is a home kit
looks like I can pick these up for
if I'm just getting started $17 to pick
these up you know purr purr camera and
if I'm selling them on Amazon for $25
then it's not gonna be a whole lot of
profit margin in that so I can see right
away there's not going to be a ton of
profit margin
I would probably pass on this product
okay so then I would just continue to
keep coming in here and looking for
products that I can source that are in
the top that I can make a profit from
because the end of the day you got to
really make profit from this if you're
if you're selling products on Amazon you
have to be making at least 46 50 percent
profit margin on that so you can take
that money reinvest it and put that
money into your bank account so you can
go spend it and do whatever you want to
do a lot of these products you know if
you look at if we go back to the science
science kit right here I just click on
the science kit and then if I use my
Chrome browser here I'm going to look up
the sales on this monthly revenue again
this Chrome browser if you want to get
some information on this I got a
training that I'm gonna be going over
that I may be giving out the details on
this Chrome browser and how to use it
and all that so right now you can see
that monthly revenue for these products
okay so these are the the science
products eighty nine thousand fifty
seven thousand you know here's one for
sixteen thousand and zero reviews that
means it's probably going to be new and
it's probably gonna be a good product so
right now they're selling this for
$29.99 so that could be a good product
that you could get into the store okay
so you know here's one one hundred
eighty seven thousand on a monthly sales
for that I'm looking for products that
I'm going to be selling for ten fifteen
thousand every month and just making
some good wins on that but I'm gonna add
ten products into the marketplace okay
ten different products in the
marketplace that are all making ten
fifteen thousand on a monthly basis I'm
trying to stay below the radar because
I'm not trying to get out there in front
of everybody else but what I'm doing is
just I'm going to look for best sellers
right now because that's gonna give me
the advantage to finding a product that
I can put into the warehouse okay so
that's how you're going to be going out
there and and doing this as it began
it's important that you use the best
seller listings and you also use Alibaba
and you just keep going back and forth
until you find a winner when you find a
winner and use the fee calculator okay
so the Amazon Fulfillment revenue
calculator and you get your percentages
down here to around 50% when you go back
and forth find the suppliers finding a
good product and the best sellers around
that 50% mark then you're gonna be good
that's a winner you got to move forward
and you got to get that into the
warehouse okay you got to get those into
the Amazon warehouse get that product in
there so you can get it in the
marketplace and get it going especially
a dent around the holidays q4 that's
when all the money's being made you know
you've got Black Friday and all these
other big huge shopping you know times
that people are really crushing it
online so make sure you get a product in
the warehouse and start doing that
there's 100 million buyers right now
inside of Amazon the Prime members they
all have credit cards they all want to
buy and all you have to do is get the
products in there so just use these to
you know these tools right here to help
you find a winner get them in the
warehouse and start making some money so
there you go this is Tyler Pratt I
really do hope you enjoy that make sure
you hit the videos over here I think
over here and then you can get some more
information on how to set up your Amazon
how to get things rollin how to get
going alright so I hope you enjoy that
and I look forward to seeing you on the
next one
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